Priority Autoventures Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 9 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.25 Cr
- Satisfied Charges ₹ 7.50 Cr
- Revenue Growth -41.29%
- Profit Growth 80.48%
- Ebitda 97.96%
- Net Worth -16.25%
- Total Assets 11.84%
About Priority Autoventures
Priority Autoventures Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 September 2015 (Nine years and four months 26 days old ). Its registered office is in Goa, Goa, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹15.25 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Swaroopa Nachinolcar, Ulhas Nachinolcar, Swapneel Nachinolcar, and One other member serve as directors at the Company.
Company Details
- Location
Goa, Goa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U50300GA2015PTC007718
- Company No.
007718
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Sep 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Who are the key members and board of directors at Priority Autoventures?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Swaroopa Nachinolcar  | Director | 07-Sep-2015 | Current |
| Ulhas Nachinolcar | Director | 07-Sep-2015 | Current |
Swapneel Nachinolcar  | Director | 07-Sep-2015 | Current |
| Parind Nachinolcar | Director | 07-Sep-2015 | Current |
Financial Performance of Priority Autoventures.
Priority Autoventures Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.29% decrease. The company also saw a substantial improvement in profitability, with a 80.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.25%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Priority Autoventures?
In 2021, Priority Autoventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Priority Autoriders Private LimitedSwaroopa Nachinolcar, Ulhas Nachinolcar and 2 more are mutual person
- Priorityauto Lincs Private Limited
Swaroopa Nachinolcar, Ulhas Nachinolcar and 2 more are mutual person
- Anantara Living Spaces Private Limited
Swapneel Nachinolcar and Parind Nachinolcar are mutual person
- Priority Manas Realty Llp
Parind Nachinolcar is a mutual person
Charges (Loans)
₹152.50 M
₹75.00 M
Charges Breakdown by Lending Institutions
- Others : 12.75 Cr
- The Goa Urban Cooperative Bank Ltd : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2019 | Others | ₹2.00 Cr | Open |
| 28 Jun 2019 | Others | ₹1.00 Cr | Open |
| 20 Sep 2016 | Others | ₹9.75 Cr | Open |
| 15 Oct 2015 | The Goa Urban Cooperative Bank Ltd | ₹5.00 M | Open |
| 07 Oct 2015 | The Goa Urban Cooperative Bank Ltd | ₹2.00 Cr | Open |
How Many Employees Work at Priority Autoventures?
Priority Autoventures has a workforce of 102 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Priority Autoventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Priority Autoventures's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.